MayAir Technology (China) Co. Ltd. A
MayAir Technology (China) Co., Ltd. engages in the research and development, production, and sale of medical air purification equipment and atmospheric environment treatment products in China. The company's products include fan filter units; media, chemical, functional, electrostatic, and cartridge filters; and bio-safety sterile purification equipment, home and commercial air purifiers, medical … Read more
MayAir Technology (China) Co. Ltd. A (688376) - Net Assets
Latest net assets as of June 2025: CN¥2.01 Billion CNY
Based on the latest financial reports, MayAir Technology (China) Co. Ltd. A (688376) has net assets worth CN¥2.01 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.23 Billion) and total liabilities (CN¥2.22 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.01 Billion |
| % of Total Assets | 47.58% |
| Annual Growth Rate | 50.04% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 87.62 |
MayAir Technology (China) Co. Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how MayAir Technology (China) Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MayAir Technology (China) Co. Ltd. A (2020–2024)
The table below shows the annual net assets of MayAir Technology (China) Co. Ltd. A from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.80 Billion | +9.95% |
| 2023-12-31 | CN¥1.64 Billion | +10.86% |
| 2022-12-31 | CN¥1.48 Billion | +218.56% |
| 2021-12-31 | CN¥464.58 Million | +30.51% |
| 2020-12-31 | CN¥355.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MayAir Technology (China) Co. Ltd. A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 719.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥556.79 Million | 31.06% |
| Other Components | CN¥1.24 Billion | 68.94% |
| Total Equity | CN¥1.79 Billion | 100.00% |
MayAir Technology (China) Co. Ltd. A Competitors by Market Cap
The table below lists competitors of MayAir Technology (China) Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cosmecca Korea Co. Ltd
KQ:241710
|
$321.00 Million |
|
Lion Travel Service Co Ltd
TW:2731
|
$321.02 Million |
|
Zhejiang Cheng Yi Pharmaceutical Co Ltd
SHG:603811
|
$321.03 Million |
|
Minerva S.A
SA:BEEF3
|
$321.11 Million |
|
Ooma Inc
NYSE:OOMA
|
$320.81 Million |
|
Alvotech SDB
ST:ALVO-SDB
|
$320.61 Million |
|
Anhui Fengyuan Pharmaceutical Co Ltd
SHE:000153
|
$320.56 Million |
|
Nanjing Huamai Tech Co Ltd
SHG:603042
|
$320.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MayAir Technology (China) Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,633,523,508 to 1,792,424,024, a change of 158,900,516 (9.7%).
- Net income of 191,988,393 contributed positively to equity growth.
- Dividend payments of 79,265,527 reduced retained earnings.
- Other factors increased equity by 46,177,651.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥191.99 Million | +10.71% |
| Dividends Paid | CN¥79.27 Million | -4.42% |
| Other Changes | CN¥46.18 Million | +2.58% |
| Total Change | CN¥- | 9.73% |
Book Value vs Market Value Analysis
This analysis compares MayAir Technology (China) Co. Ltd. A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.26x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 16.19x to 4.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥3.51 | CN¥56.76 | x |
| 2021-12-31 | CN¥4.58 | CN¥56.76 | x |
| 2022-12-31 | CN¥10.98 | CN¥56.76 | x |
| 2023-12-31 | CN¥12.15 | CN¥56.76 | x |
| 2024-12-31 | CN¥13.34 | CN¥56.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MayAir Technology (China) Co. Ltd. A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.71%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.14%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.06x
- Recent ROE (10.71%) is below the historical average (15.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 23.40% | 9.16% | 0.78x | 3.28x | CN¥47.37 Million |
| 2021 | 23.44% | 9.41% | 0.91x | 2.74x | CN¥62.06 Million |
| 2022 | 8.34% | 10.03% | 0.48x | 1.72x | CN¥-24.45 Million |
| 2023 | 10.60% | 11.51% | 0.50x | 1.83x | CN¥9.88 Million |
| 2024 | 10.71% | 11.14% | 0.47x | 2.06x | CN¥12.75 Million |
Industry Comparison
This section compares MayAir Technology (China) Co. Ltd. A's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $754,289,702
- Average return on equity (ROE) among peers: 13.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MayAir Technology (China) Co. Ltd. A (688376) | CN¥2.01 Billion | 23.40% | 1.10x | $320.98 Million |
| Central Plains Environment Protection Co Ltd (000544) | $588.07 Million | 12.54% | 0.70x | $260.65 Million |
| Shenwu Energy Saving Co Ltd (000820) | $401.85 Million | 22.49% | 3.36x | $220.56 Million |
| Jinglv Envi Science & Tech Co (001230) | $1.94 Billion | 7.24% | 0.63x | $175.09 Million |
| Hebei Sailhero Environmental (300137) | $83.77 Million | 28.22% | 1.13x | $746.77 Million |
| Xiongan Kerong Environment Technology Co Ltd (300152) | $112.38 Million | 16.52% | 0.62x | $215.47 Million |
| Nanjing CEC Environmental Protect (300172) | $829.27 Million | 6.91% | 0.27x | $349.04 Million |
| Shanghai Canature Environmental (300272) | $124.35 Million | 9.83% | 0.11x | $415.36 Million |
| Suzhou TA&A Ultra Clean Technology Co Ltd (300390) | $844.27 Million | 3.78% | 0.22x | $3.98 Billion |
| Scimee Sci &Tech Co Ltd (300425) | $321.78 Million | 16.64% | 0.35x | $280.96 Million |
| Penyao Environmental Protection Co Ltd Class A (300664) | $2.29 Billion | 9.56% | 0.71x | $396.01 Million |